Given the sharp increase of new vehicle prices, the sales activity of the used vehicle market in the United States has gone up more than new car sales. Looking at new car prices over $40,000 while facing the ongoing daunting economic situation during the COVID-19 pandemic in the U.S., many consumers opt for used vehicles. So, the move toward used vehicle sales is not surprising at all. What is surprising is the value the used vehicle market has added.
Even though the used vehicle market presents an excellent opportunity to purchase a low mileage, late-model vehicle, a consumer looking to purchase a car must use caution when entertaining the purchase of a used car.
There are many potential pitfalls to consider and prepare for when stepping out into the market for a used vehicle. Hence, time spent in research over which vehicles maintain their value over what period and an understanding of the full operating cost of each model per driven mile is an important part of this process.
Total cost comprises several items next to the actual sticker price, such as insurance cost, fuel, and above all maintenance cost to keep a vehicle in operating shape. A wrong decision here and a fabulous buy quickly turns into a potential nightmare that drains your bank account.
So, one of the most important questions to answer is whether to buy from a car dealer or a private party. Here, it may serve the buyer to consider the advantages of dealerships that have financing and repair services all under one roof while maintaining a large fleet of vehicles on the lot to offer consumers an array of choices.
The reputation of dealerships depends on creating good buying experiences which further enhance the reputation with local and regional customers. The days of fly-by-night dealerships have ended in the internet's era where customer reviews quickly spread and can ruin the reputation of a company that does not offer fair conditions for the buyer of a vehicle.
Reputable dealerships that specialize in pre-owned, pre-certified late-model used vehicles can give the buyer a better-tailored experience in providing all-in-one services. Not only do reputable used car dealerships offer warranties on their pre-owned, pre-certified vehicles, but they also provide specialized financial services that allow the buyer to purchase and finance the vehicle at just one location versus having to deal with the worry and time element of separate transactions of car purchase and finance operation with a bank.
Auto Bank Kansas City is an authorized new car dealer, but also specializes in used car and truck sales and thus represents the modern era new car dealership that incorporates an adjoining used vehicle dealership all under one umbrella. Our expanded inventories and fair financing arrangements of pre-owned late-model vehicles has created an excellent reputation in and around Kansas City.
That the vehicles are pre-certified allows the potential buyer to trust in a process that has been set up to create a warranty that minimizes any problems post-purchase. Fortunately, with the technology and production advances over the last decade, late-model used vehicles have an overall better reliability record than vehicles built in previous decades.
The pre-certification process makes sure that the vehicle has been checked out mechanically and thus offers a greater sense of protection for a prospective buyer. The additional warranty specifics you get from a dealership can really help overcome any doubts about a used car purchase.
When considering the used car or truck history, a prospective buyer will find several excellent web resources that have collected the vehicle’s accident history basis insurance data. This can be a good starting point when looking at a specific vehicle in tandem with a pre-certified vehicle check report. A test drive and maybe a visit to your local mechanic can further remove any doubts that this vehicle is the right one for you.
When it comes to looking for used cars or used trucks for sale, Auto Bank Kansas City is a great place to start, as the integrity of the pre-certification process allows the prospective buyer to rest easy when it comes to the purchase of a late-model used vehicle.
The folks at Auto Bank Kansas City invite you to our showroom and look forward to serving you for all your vehicle needs. Stop by one of our two convenient Kansas City dealerships, or give us a call.